Feedback loop and reporting

Understand the role of the feedback loop in reporting, monitoring and evaluating risk management processes
Explore the three steps of the feedback loop, their interconnectedness, and their role in ensuring continuous improvement
Learn about data protection considerations
Understand how the feedback loop and continuous reporting contribute to improving risk management

It is crucial to regularly monitor the effectiveness and implementation of the established security measures. One of the best ways to do so is by establishing a feedback loop, which consists of three steps: collecting data, reviewing the data, and promoting the feedback system.
First, you need to collect information about relevant security incidents and analyze them in order to update your security measures.
Second, you need to review the collected data and assess whether current measures are enough or should be amended. Upon completion of the review, new safety measures should be developed if needed.
Third, the feedback system should be promoted. Staff members play a crucial role in providing information; thus, they should be informed about how the feedback system contributed to new or better, more suitable safety measures. This way the staff members will be encouraged to contribute their feedback and ensure that the new measures are tailored to their specific needs.
The more consistent and continuous the feedback loop, the better equipped you are to anticipate and manage risks.